Why should an entrepreneur accept mistakes?
Answer and explanation
Correct answer: To improve and build trust
Accepting a mistake makes it possible to identify its cause, correct the process, and prevent repetition. Honest acknowledgement also shows accountability and can preserve trust with customers, employees, and partners. Blaming others or hiding the problem delays learning and may make the consequences worse, so A is the responsible choice.
Frequently asked questions
What is the correct answer to this question?
To improve and build trust
Why is this the correct answer?
Accepting a mistake makes it possible to identify its cause, correct the process, and prevent repetition. Honest acknowledgement also shows accountability and can preserve trust with customers, employees, and partners. Blaming others or hiding the problem delays learning and may make the consequences worse, so A is the responsible choice.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
Student feedback
Was this question useful?
👍 0 Helpful 👎 0 Not helpful
Yes 0% No 0%
0 responsesStudent Reviews
No published reviews yet.
